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Macrotech Developers Q3 earnings robust; should you buy, hold or sell?

Motilal Oswal analysts believe that with a strong launch pipeline of 4.4msf worth Rs 6,300 crore for Q4 FY24, Macrotech Developers remains on track to achieve its annual bookings guidance of Rs 14,500 crore. ....

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macrotech developers q3 earnings: Macrotech Developers Q3 Results: Profit rises 25% to Rs 505 cr; co plans to raise up to Rs 5,000 cr

Total income rose to Rs 2,958.7 crore in the October-December period of 2023-24 financial year from Rs 1,902.4 crore in the corresponding period of the previous year, according to a regulatory filing. In the first nine months of FY24, Macrotech Developers MD & CEO said the pre-sales (sales bookings) stood at Rs 10,300 crore, showing a robust 14% year-on-year growth and remains on track to deliver full-year guidance of Rs 14,500 crore. ....

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